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Top 5 ICICI Mutual Funds in 2019-20 – A Look

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Top 5 ICICI Mutual Funds in 2019-20

ICICI Prudential Mutual Fund – An Introduction 

ICICI prudential mutual fund is the second largest AMCs globally. From the past 30 years, they are playing an instrumental role in acquainting Indian investors with the concept of mutual funds. The fund house handles Assets Under Management (AUM) across different asset classes like debt instruments, sectorial funds, and equities to name a few. Following the strategy of ‘customer-centric tactic’, ICICI prudential mutual fund flaunts a blend of resourcefulness and expertise, thus, giving investors optimum, innovative, and consistent returns against market risks. The sponsors are: ICICI Bank, Prudential Corporation Asia, Prudential Plc, Jackson National Life Insurance Company, and Eastspring Investments amongst others.  

To select the best ICICI prudential fund value, read some of the benefits. Here: 

  • The professionals of ICICI are high-tech experts who have good hands in managing large pools of money.  
  • They know how to diversity the funds according to the horizons, goals, risks, and returns.  
  • With ICICI mutual funds, everything will be crystal clear, thus ensuring the trust of the investor.  
  • The services provided are of a high-quality and the convenience (of the investor) remains at the top priority.  

Top 5 ICICI Mutual Funds in 2019-20 

  • ICICI Prudential Technology FundIt is an equity mutual fund scheme that was launched by ICICI Prudential mutual fundLater on, this scheme was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Ashwin Jain, and S NarenTalking about AUM, it is of INR 409 Cr, and, the latest NAV is of INR 64.41 (dated as of 31st Jan 2020). The minimum SIP investment is INR 100, and, lumpsum investment is INR 5000. Exit load of 1% only if redeemed within a span of 15 days. The fund growth is rated high-risk.  
  • ICICI Prudential US Bluechip Equity FundIt is an equity mutual fund that was launched by ICICI Prudential mutual fund. Later on, it was introduced on 2nd Jan 2013 to its investors. Currently, the fund is managed by Priyanka Khandelwal, and Rohan Maru. Talking about AUM, it is of INR 437 Cr, and the latest NAV is INR 33.75 (dated as of 31st Jan 2020). The fund growth is rated high-risk. The minimum SIP investment is INR 100, and, lumpsum investment is INR 5000. Exit load of 1% only if redeemed within a month.  
  • ICICI Prudential Banking and Financial Services FundIt is an equity mutual fund that was launched by ICICI Prudential mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Roshan Chutkey. Talking about AUM, it is of INR 3592 Cr, and, the latest NAV is of INR 74.65 (dated as of 31st Jan 2020). The fund growth is rated high-risk. Also, the minimum SIP investment is INR 500, and, lumpsum investment is INR 5000. The fund growth is rated high-risk. Also, the minimum investment is INR 500, and, lumpsum investment is INR 5000. Exit load of 1% only if redeemed within a span of 15 days.  
  • ICICI Prudential FMCG FundIt is an equity mutual fund that was launched by ICICI Prudential mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Atul Patel. Talking about AUM, it is of INR 503 Cr, and, the latest NAV is of INR 266.66 (dated as of 31st Jan 2020). The fund growth is rated high-risk. Also, the minimum investment is INR 500, and, lumpsum investment is INR 5000. Exit load of 1% only if redeemed within a span of 15 days. 
  • ICICI Prudential NIFTY Index FundIt is an equity mutual fund that was launched by ICICI Prudential mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Kayzad Englim. Talking about AUM, it is of INR 508 Cr, and, the latest NAV is INR 119.32 (dated as of 31st Jan 2020). The fund growth is rated moderately high risk. Also, the minimum SIP investment is INR 100, and lumpsum investment is INR 5000. 

*Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.

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